by sk » Tue Jun 01, 2010 10:47 pm
applied for freelook cancellation. company continued offering temptations. I was adamant to cancel the policies. company blocked the refund amounts ? what to do ?
company has failed to perform and execute the freelook cancellation applications. what are the rights, liabilities and responsibilities of the insured and insurer in such freelook cases, when insurance company intentionally withholds freelook amounts, without reasonable cause ? Insurance company is using our amounts, borrowed on high interests ? we are squeezed. seek protection and justice.
company has failed to perform and execute the freelook cancellation applications. what are the rights, liabilities and responsibilities of the insured and insurer in such freelook cases, when insurance company intentionally withholds freelook amounts, without reasonable cause ? Insurance company is using our amounts, borrowed on high interests ? we are squeezed. seek protection and justice.
Posted: Sat Jun 05, 2010 07:00 am Post Subject:
If a dispute is created by the company, adamancy prevails, my amounts are blocked for years - 30, 40 or 50 years (that is the time taken to get the dispute cleared here).
SK . . .
I have to say that it is particularly annoying that you continually ask for our answers to your questions, but you utterly fail to answer the ONLY question that has repeatedly been asked of you: "Where is HERE???"
When you answer that question, I will be happy to answer your two or three questions of concern above.
therefore before such illegalities spread like wild fire, why not caution the people of USA to be more cautious
There is no need to caution the people of the USA to be more cautious of banks sending thugs to collect debts. It does not happen here, unless the "bank" is the Mafia, in which case it is a relatively "private" matter among "friends" and not the misdeeds of a commercial enterprise.
We have our problems with "debt collectors" in other ways, none of which involve acts of violence. And we have laws which are enforceable by the federal government, the state government, and by "private attorney general" actions. So it does not represent a huge challenge.
Waiting for your answer.
Posted: Sat Jun 05, 2010 01:03 pm Post Subject: freelook cancellation of insurance policy not acted upon by
Dear Max, your concern to know the name of the country, where such things happen, is justified under normal circumstances. Anyone and everyone would like to know. But being a citizen of this great country, I am equally concerned to keep the presgtige and honour of my Country intact, for the acts and omissions of certain erring companies and individuals, should I allow the name of my country to be disgraced, considering the fact that still 5-6 days time is available with such erring companies, as time granted by our authorities to pay/refund. Be assured, I shall disclose the name of our great country and any other detail required by you, once the matter is cleared positively, as anything put on record as of date, might hamper the procedures, I feel so. Would you like so, now, kindly confirm. Do you agree to my request and concern ? As the country I am referring is not USA, as you are a proud citizen of this great country - USA, would you have done so, if in my place ? I seek your assistance to assist me in assisting you. Till than, kindly clarify my pending 3 questions as above, wherein the name of the country is not required, as you are to explain considering the fact thatb if this happened in USA, how you would have dealt with. thanks for your patience..........Sk
Posted: Sat Jun 05, 2010 02:38 pm Post Subject:
Without knowing what country is involved, I cannot provide an answer that will be of any assistance to you. As previously stated, giving you advice based on American law may or may not be of any value.
As Lori has said previously, NONE of what you describe would be likely to occur in any state of the US.
And, you haven't said what type of product/contract this is either . . . life insurance or annuities . . . although I might suspect the latter.
If your concern about keeping the name of your country confidential is paramount, then send me a "PM" by clicking on that link, let me know the name of the country, and I will honor your desire to keep it hidden from this community and be able to give you better answers concerning the three questions you have.
Posted: Mon Jun 07, 2010 07:44 pm Post Subject: freelook cancellation notice not acted upon by
hello max, hello lori I await response to my querry .
thanks and b rgds
SK
Posted: Tue Jun 08, 2010 12:46 am Post Subject:
Answer Max's questions and hopefully you'll get one SK..here they are again, in bold type..
#1
Without knowing what country is involved, I cannot provide an answer that will be of any assistance to you.
What country did this occur in?
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#2
And, you haven't said what type of product/contract this is either . . . life insurance or annuities
What is the product you purchased?Posted: Thu Jun 10, 2010 11:04 pm Post Subject: freelook cancellation of insurance policy not acted upon by
dear max, patience pays. Insurance company had paid me most of the amounts. By most, I mean they have not paid Interests over and above 15 days (it's 15 days period in our country for HEALTH freelook cancellations). They took 50 days to pay. hence, my claim for Interests for 35 days remains. They have also not paid costs, costs for mental injury, for their default and hardships to me. Plus some deductions they have made, whih they are to clarify. BUT importantly, most of the amounts are recovered. Kindly convey to LORI too, she might also be happy to learn.
But Max, Yours leaving me in between (for me not disclosing he name of my Country) was illogical and surprised me, as I had created an opinion that people here in USA are more transparent and transparency prevails, but was a setback, which I regret.
Though my battle with the insurance company is practically over and now is a matter between authorities to decide upon these other points, I still await your reply to my 3 questions and would also like to know why my last 2 submissions were not put on recod ?
warm regrds, Sk
Posted: Fri Jun 11, 2010 03:18 am Post Subject:
But Max, Yours leaving me in between (for me not disclosing he name of my Country) was illogical and surprised me, as I had created an opinion that people here in USA are more transparent and transparency prevails, but was a setback, which I regret.
I'm sorry you feel this way. I asked you in a PM to send me the name of the country and I would keep that fact confidential, but you chose not to reply.
It is an utter waste of time to try to give you advice based on US contract law when it probably has absolutely no comparison with the law of your country, whatever it may be. Giving you any sort of advice would have been irresponsible.
Additionally, no one reading this thread has any idea what kind of insurance product you are complaining about, and you have refused to post that information.
As for transparency . . . that has nothing to do with it on my end. You are the one who has been evasive, obscure, and entirely opaque. The light has been off on your end, there is nothing I can do to change that.
Finally, as I have said at least once before, and as Lori also commented, nothing you have complained about as far as actions on the part of the insurance company would ever happen like that here in the US. So there was nothing I was able to respond to without knowing what country's laws are at work.
Posted: Fri Jun 11, 2010 10:34 am Post Subject:
would also like to know why my last 2 submissions were not put on recod ?
You must've forgot to hit either "quick reply" or "post reply" that's the only thing I can imagine, I certainly have not deleted or sensored ANY of your posts which I think is obvious. If and when I MUST edit or sensor a post I clearly put it right in the post so it's clear this has been done, and by whom.Additionally, no one reading this thread has any idea what kind of insurance product you are complaining about, and you have refused to post that information.
Yes, he did (I think) in this last post Max. It's health insurance...for what that's worth :wink:
By most, I mean they have not paid Interests over and above 15 days (it's 15 days period in our country for HEALTH freelook cancellations).
Posted: Fri Jun 11, 2010 04:54 pm Post Subject:
I think his reference to HEALTH insurance was only concerning the legal requirement for the payment of interest on premiums. His earlier posts indicate that he deposited $125,000 with the insurance company and would not be able to get to the money for 30-40-50 years, which would not be typical of health insurance, but could be life insurance or an annuity.
I am at a loss as to what this whole thing was really about, and why so much secrecy while touting America.
Posted: Fri Jun 11, 2010 10:01 pm Post Subject:
Yeah I don't get it either...
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